The Top 10 Shipping Container Companies in The U.S!
The top shipping containers companies in the USA are based on the information from Alphaliner.
It is based on the record of the size of the container ship fleets based on twenty-foot equivalent...
Plunge in Oil Price Forces LNG Production Cut!
Oil is not the only fossil fuel that suffered a steep price fall due to virus-containment measures.
LNG has also plunged, dragging Asia's spot prices to record lows and forcing some suppliers to...
Wood Chips Carrier Re-floated After Unprecedented Grounding!
A wood chips carrier runs aground at night, May 9 in Corral Bay, Chile.
The carrier SURABAYA EXPRESS was refloated with tug assistance and anchored.
No casualty or damage has been reported in...
Hess Deepens Spending Cuts and Lowers Budget By 37% Due To Low Oil Prices!
Hess reduced its budget to $1.9 billion, down 37% from the company's original $3 billion budget.
Net Bakken production to average 175,000 barrels of oil equivalent/day, down from 190,000 boe/d in the first...
The New Coronavirus Spreads Swiftly in Late 2019 Before Being Detected!
A genetic study of samples from more than 7,500 people infected with COVID-19 was conducted by Scientists at University College London’s Genetics Institute.
The study suggests that the new coronavirus spread quickly around...
Crew Abducted from Cargo Ship
Cargo ship Rio Mitong was attacked by pirates off Malabo, Equatorial Guinea and two crew members were kidnapped, reports Splash247.
About the incident
The 1993-built 8,900 dwt cargo ship Rio Mitong was attacked by pirates off...
[Watch] Series of Explosions and Major Fire at Shipyard!
Explosions were reported on Aframax crude oil tanker in the morning May 11, followed by major fire with black smoke, reports Maritime Bulletin.
What happened?
Several explosions were reported on board of Aframax crude oil tanker...
Shipping Companies on The Brink of Collapse Due To COVID-19
Container shipping companies are on the brink of collapse due to COVID-19 restrictions.
Liners are cutting costs to counter the missing volume and to have sufficient liquidity.
Hapag-Lloyd has canceled about 15% of...
COVID-19: LNG May Face Same Fate as The Oil Industry
Rystad Energy reported that oil has been negatively impacted when compared to other fuels.
Oil prices plunged to historical lows and storage filling up.
LNG may also face the same fate as the...
Seafarers Forced To Offload Cargo by Owners Amid COVID-19 Scare
10 seafarers of the vessel MV Tomini Destiny allege harassment from owners.
They were forced to offload cargo at Chittagong, Bangladesh by the owner.
Concerns over the lack of measures in place to...